Host: Alexis Richardson & John Davies
The City of London hosts nearly 500 banks, trades a third of the worlds foreign exchange, is the world's largest derivatives centre trading around 98% of Europe's short term interest rate derivatives (IRDs). Europe's oldest and largest bourse The London Stock Exchange (LSE) is the world's primary listing venue raising about $50 billion through IPOs in 2006.
The City is the world's largest institutional fund management centre, the largest internationally traded insurance market and the world's premium maritime centre. Forget Vegas, San Francisco, Antwerp, Aahus, Barcelona and Oslo, this is the City where it's happening and this is the track that covers what makes London tick.